- Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month.
- The inventory of existing homes is still below the 6-month supply needed for a normal market and is now at a 4.3-month supply.
- NAR’s Chief Economist, Lawrence Yun, had this to say: “After six consecutive months of decline, buyers are finally stepping back into the housing market. As more inventory enters the market and we head into the winter season, home price growth has begun to slow more meaningfully. This allows for much more manageable, less frenzied buying conditions.”
Warren Buffett is one of the richest men in the world — a net worth of $84 billion is hard to argue with. He’s an inspiration to business owners, entrepreneurs and people who want to succeed. But how did he become so successful, and what can you learn from it? Buffett, who is regularly heralded as the greatest investor of all time, is still plugging along at 87 years old with a list of accomplishments that began when he was only five. Buffet began his first business operation at that time when he bought and sold Chiclets gum for a profit. At 6, he moved on to packs of Juicy Fruit gum, selling them by the stick and making 2 cents per package. He used the same philosophy with six-packs of Coca-Cola, earning 5 cents for each pack he sold.
This video is a collaboration with UN Environment and their Clean Seas campaign. If you want to take action to turn the tide on plastics, go to http://www.cleanseas.org and make your pledge.
When it comes to the division of wealth, many Americans believe that the country is split between the 1%, which possesses a significant share of the country’s money, and the 99%, or “the people.” In reality, The Atlantic writer Matthew Stewart argues, 9.9% of the population comprises America’s new aristocracy, which often “takes wealth out of productive activities and invests it in walls.” But this group of people is rich in more than mere money, and its constancy poses an insidious threat to the promise of American democracy.